Condensed Parent Company Only Financial Information (Tables)

12 Months Ended

Dec. 31, 2025


(dollars in thousands)	December 31, 2025
Assets
Cash and Cash Equivalents	$	19,167
Investment in Subsidiary		110,584
Other Assets		263
Total Assets	$	130,014

Liabilities and Stockholders' Equity
Due to Subsidiary	$	257
Stockholders' Equity		129,757
Total Liabilities and Stockholders' Equity	$	130,014


	For the Year Ended
(dollars in thousands)	December 31, 2025

Equity in Undistributed Losses of Subsidiary	$	4,235
Total Income		4,235
Operating Expenses		186
Total Expense		186

Income Before Income Tax Benefit		4,049
Income Tax Benefit		(39)
Net Income	$	4,088


	For the Year Ended
(dollars in thousands)	December 31, 2025

Cash Flows from Operating Activities
Net Loss	$	4,088
Adjustments to Reconcile Net Loss to Net
Cash Used in Operating Activities
Equity in Undistributed Losses of Subsidiary		(4,235)
Increase in Other Assets		—
Increase in Other Liabilities		55

Net Cash Used in Operating Activities		(92)

Cash Flows from Investing Activities
Investment In Subsidiary		355

Net Cash Provided by Investing Activities		355

Cash Flows from Financing Activities
(Repurchase) Net Proceeds from Issuance of Common Stock		(2,944)

Net Cash Used in Financing Activities		(2,944)

Net Decrease in Cash and Cash Equivalents		(2,681)

Cash and Cash Equivalents, Beginning of Year		21,848

Cash and Cash Equivalents, End of Year	$	19,167